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By Staff Writers |
March 12, 2012
On March 11, 2011, the Tohoku region of Japan was struck by a massive earthquake and tsunami that not only devastated a nuclear power plant and wreaked havoc on the island, but caused massive worldwide supply chain disruptions, pointing up the fragility of our interconnected world. We asked risk management...
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By Robert Regis Hyle, PropertyCasualty360.com |
December 13, 2011
Insurance IT leaders reflect on the changes of the past year and look forward to what lies ahead in 2012.
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By Myles Neligan and Victoria Howley, Reuters |
November 11, 2011
European insurers, on the front line of the region's sovereign debt crisis because of their big exposure to distressed Italian bonds, will be forced to share losses with customers and rely on regulators to be lenient if Italy reneges on its debt.
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By Chad Hemenway, PropertyCasualty360.com |
October 18, 2011
There are “little signs” that the surplus-lines marketplace is turning, says Mario Vitale of Aspen U.S. Insurance.
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By Chad Hemenway, PropertyCasualty360.com |
October 14, 2011
Aspen Insurance Holdings Ltd. has named Mario Vitale, currently president of Aspen U.S. Insurance, as the company’ s co-chief executive officer.
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By Chad Hemenway, PropertyCasualty360.com, Caroline McDonald, PropertyCasualty360.com |
October 13, 2011
American International Group (AIG) lost its long-held spot at the top of the surplus market in 2010 after a 13 percent decrease in direct-premiums written, says insurance-rating-agency A.M. Best Co. in a special report released at this year’s NAPSLO convention.
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By Chad Hemenway, PropertyCasualty360.com, Caroline McDonald, PropertyCasualty360.com |
October 10, 2011
A special report on the surplus lines market reveals Lloyd’s of London has taken over as the leader in surplus-lines market share with 18.3 percent compared with 16.8 percent held by AIG companies.
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By Caroline McDonald, PropertyCasualty360.com |
September 19, 2011
Insurer Steadfast does not have a duty to defend AES Corp. in a climate change case alleging that AES’ emissions have contributed to rising sea levels threatening the village of Kivalina, Alaska.
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By Mark E. Ruquet, PropertyCasualty360.com |
August 18, 2011
The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.
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By Susanne Sclafane, PropertyCasualty360.com |
August 12, 2011
There’s a silver lining in every cloud, and for specialty insurers there’s opportunity present in every emerging risk, two carrier executives say. Navigators’ Stanley Galanski and Aspen’s Mario Vitale see product opportunities in responding to emerging life sciences, environmental and supply-chain risks.
